Acceptance — Acceptance, in spirituality, mindfulness, and human psychology, usually refers to the experience of a situation without an intention to change that situation. Indeed, acceptance is often suggested when a situation is both disliked and… … Wikipedia
risk management — The assessment, evaluation, and monitoring of *risks in an activity or organization, with the undertaking of necessary corrective actions. Risk management is a comprehensive process that aims to create a disciplined environment for the… … Auditor's dictionary
risk avoidance — An informed decision not to accept the *risks (and *rewards) of an activity or *market. Refraining from involvement in an activity or a market, or disengaging from existing commitments, can sometimes be a costly strategy, as it can involve… … Auditor's dictionary
risk retention — An alternative term for *risk acceptance … Auditor's dictionary
acceptance — I noun accedence, acceptio, accession, accordance, acknowledgment, acquiescence, adoption, agreement, allowance, approbation, approval, assent, assurance, compliance, comprobatio, concordance, consent, endorsement, ratification, receipt,… … Law dictionary
Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… … Wikipedia
risk — n 1 a: possibility of loss or injury b: liability for loss or injury if it occurs the risk of loss passes to the buyer when the goods are duly delivered to the carrier Uniform Commercial Code the risk of personal injury and property damage should … Law dictionary
Acceptance credit — An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. There are two types of acceptance credit, confirmed and … Wikipedia
acceptance — /ak sep teuhns/, n. 1. the act of taking or receiving something offered. 2. favorable reception; approval; favor. 3. the act of assenting or believing: acceptance of a theory. 4. the fact or state of being accepted or acceptable. 5. acceptation… … Universalium
Risk Management — The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for… … Investment dictionary
